Spain, a captivating country in southwestern Europe, is famous for its rich history, diverse landscapes, vibrant culture, and warm hospitality. In 2013, Spain introduced the Spain Golden Visa, an investment-based residency program designed to attract foreign investment in local real estate and other sectors.
The Spain Golden Visa is a residence permit for non-EU citizens who make significant investments in Spain. This could be through purchasing real estate, investing in a company, or creating employment opportunities. The program aims to attract foreign capital, benefiting the Spanish economy while granting investors the right to live and work in Spain and travel within the Schengen Area.
Whether you’re looking to live in Spain, enjoy its culture, or invest in its future, the Spain Golden Visa offers a unique opportunity to make it happen
Key Facts
Capital City: Madrid
- Languages: Spanish (official), Catalan, Basque, Galician
- Visa-Free Travel: Access to 186 countries, including the US, Canada, UK, Australia, and most European nations (Schengen Area)
- Currency: Euro (€)
- Total Area: 505,992 square Kilometres (195,314 sq mi)
- Population: Approximately 46.7 million people
- Nearest Countries: Portugal (west), Gibraltar (south), Morocco (south), Andorra (north), France (northeast)
- Time Zone: Central European Time (CET) / Central European Summer Time (CEST) (UTC+1 / UTC+2)
Benefits of the Golden Visa
- High Quality of Life: Enjoy Spain’s excellent living standards.
- No Minimum Residency Requirement: You don’t need to live in Spain full-time.
- Visa-Free Travel: Travel freely within 29 Schengen countries.
- Path to Citizenship: Apply for citizenship after 10 years of legal residence, or just 2 years if you’re from Andorra, Equatorial Guinea, Ibero-American countries, Portugal, or the Philippines.
Investment Requirements for the Spain Golden Visa
Investment Requirements for the Spain Golden Visa
To qualify, you must meet one of the following investment criteria:
Real Estate Investment
- Minimum Investment: €500,000
- Eligible Properties: Residential, commercial, garages, warehouses, storage units, chalets, apartments, and land.
- Key Points: Investment can be in one or multiple properties. Mortgage financing is allowed only for amounts exceeding the initial €500,000.
Business Investment
- Residency by starting a Business: Create jobs or make a significant economic contribution.
Investment in Spanish Public Debt
- Minimum Investment: €2 million
- Details: Purchase Spanish government bonds.
Investment in Spanish Companies
- Minimum Investment: €1 million
- Options: Invest in shares of Spanish companies, venture capital funds, or bank deposits.
Additional Considerations
- Family Inclusion: Spouses and dependent children can be included in the Golden Visa application.
- Residency Requirements: No mandatory residency period, but you must maintain your investment for at least five years.
- Permanent Residency and Citizenship: Apply for permanent residency after five years and for Spanish citizenship after ten years.
- Taxes: understand the tax implications of your investment and residency status.
Ready to Learn More?
Contact Dual Luxury World for guidance on the specific requirements, application process, and potential benefits of investing in Spanish real estate.
Book a free consultation today to start your journey toward European residency with the Spain Golden Visa.
